1900 Richard Jones Rd APT C211NashvilleTN37215
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Nashville at 1900 Richard Jones Rd APT C211, Nashville, TN, 37215 uses $60,300 cash to close to unlock $4,940/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $1,760/mo, and a $890/mo payment keeps the spread at $412/mo. Purchase price stands at $181,900, and rental yield measures 11.61% with $1,760/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $50,256 over five years. Five-year ROI reaches 148.4% and total cumulative return in cash records $89,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,760/mo property income covering a $890/mo payment rather than investor’s personal income.
Condo
Built in 1967
1 sqft lot
$N/A/sqft
$244 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37215, Nashville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,143 (100%) |
| Owner Occupied HU | 7,574 (68.0%) |
| Renter Occupied HU | 2,638 (23.7%) |
| Vacant Housing Units | 931 ( 8.4%) |
| Median Home Value | $952,541 |
| Average Home Value | $1,118,845 |
Housing Distribution
Address Breakdown
Residential
11,357
Single Family
8,610
Multi-Family
2,747
Businesses
1,345
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